Labor Human Rights Management Policy and Compliance Requirements

Policy

TAIYO YUDEN GROUP will be striving for creating a company trusted by society by observing the spirit of regulations/laws and international rules regarding Labor Human Rights as well as defining following compliances in terms of CSR Charter and CSR Code of Conduct of the group.

Compliance

1. Ban of Child Labor

  1. TAIYO YUDEN GROUP shall not apply the child labor at any phases in production. "Child" is supposed to be under 15 years old or can be compulsory education completed age in the applicable area.
  2. Young worker (who is supposed to be over the child age, and also less than 18 years old) is not applicable for overtime work, midnight work, or any work which can be harmful or dangerous in physical or mental growth, in accordance with the laws and regulations in the nation.

2. Ban of Enforced Labor

  1. TAIYO YUDEN GROUP shall not have employees engage in any kind of enforced labor, debt or slave labor, involuntary prison labor, or trafficking of persons.
  2. When hiring workers (including foreign workers, dispatched workers and contractors), GROUP do not ask employees to pay deposit, or to submit officially issued ID, passport. Also, GROUP must have employees not required to pay any commission relating recruiting.
  3. GROUP shall give employees right to leave the working site during break time or after working hours, for the reason of mal physical condition and physiological phenomenon, and also to finish the employment contract with rational inform.

3. Securing Health and Safety

  1. TAIYO YUDEN GROUP shall provide safe and hygienic working environment and maintain Safety and Environment Management System based on International Standards, secure the health and safety of the employee.
  2. GROUP shall provide clean rest room, safe drinking water. In case of providing cafeteria, shall provide clean cafeteria equipment or food storage equipment.
  3. In case of providing dormitory, it shall be clean and safe, secured basic conditions.

4. Freedom of Association

  1. TAIYO YUDEN GROUP shall respect the right to associate without any fear of revenge, threat, harassment, to enter the union and social gatherings and meetings between labor and employer and, to join a protest action, labor council in accordance with the laws and regulations in the nation.

5. Ban of Employment based on Discrimination

  1. TAIYO YUDEN GROUP shall not engage in or support discrimination in hiring, remuneration, access to training, promotion, termination, or retirement based on race, color, nationality, language, ethnicity, social origin, religion, disability, age, gender, sexual orientation, gender identity and expression, pregnancy, marital status, union membership, political affiliation. Similarly, GROUP shall not interfere in employee's principle and custom, and shall not obstruct the exercise of right.
  2. GROUP shall not conduct any physical examination or pregnancy test with the discriminatory purpose.

6. Ban of Inhuman Behavior

  1. TAIYO YUDEN GROUP shall not conduct or tolerate severe and inhumane behavior which includes sexual harassment and abuse, physical punishment, mental or physical extortion, verbal abuse.
  2. Discipline policy and its procedures shall be clearly defined and transmitted to employees.

7. Proper Working Hour

  1. TAIYO YUDEN GROUP must comply with the laws and regulations applied to labor hour, overtime work, holiday and vacation in each nation as well as extra duty.
  2. Overtime work shall be voluntary.

8. Remuneration / Wage

  1. TAIYO YUDEN GROUP shall pay the wage to the employees in compliance with all wage-related regulations including minimum wage, extra wage and legal benefits.
  2. GROUP shall show the breakdown of wage and allowance clearly in detail regularly. Compensation shall be paid by cash, check or bank transfer.
  3. Payroll reduction shall not be conducted due to disciplinary reason.
  4. In case of extra duty, additional allowance must be paid on every extra duty hour based on the laws and regulations in the nation.